Item: Nippon India Arbitrage Fund Direct Plan Growth
Rating: Unrated
Author: Morningstar

Home › Mutual Funds › Nippon India Mutual Fund › Nippon India Arbitrage Fund Direct Plan Growth

24.499 (0.062%)

NAV on June 08, 2023

Category Alternative:
Arbitrage Fund

Investment StyleBox

Large Blend

Total Assets 8,946 cr

Turnover Ratio 1237.35%

Expense Ratio 0.34%

Exit Load 0.25%if redeemed within
1 Months0.00%if redeemed after 1 Months

Returns

1M: 0.73%
1Y: 6.47%
3M: 1.97%
3Y: 5.02%
6M: 4.06%
5Y: 5.73%

Min Investment 5,000

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ADDITIONAL INFO

Fund Manager Anju Chhajer (Since over 3 years) Kinjal Desai (Since about 5 years) Anand Gupta (Since over 4 years) Akshay Sharma (Since 6 months)

ISIN INF204K01XZ7

Fund Family Nippon India

P/E Ratio 15.19

P/B Ratio 2.19

Launch Date January 01, 2013

Benchmark NIFTY 50 Arbitrage TR INR

INVESTMENT OBJECTIVE

A conservative arbitrage fund that aims to generate income through arbitrage opportunities arising out of pricing mismatch in a security between cash and derivative segment and with derivatives segment along with investments in debt securities and money market instruments. The fund portfolio is completely hedged and takes offsetting positions on various markets simultaneously. The arbitrage fund follows a market neutral strategy and carries no specific equity risk. In the absence of adequate arbitrage opportunities, the scheme may invest in short term debt or money market securities.

You will not receive any dividends. Your investments will get the largest benefit of compounding.

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Invesco India Arbitrage Fund Direct Plan Growth Option	29.379	6.99%	3,507 cr	0.38%	-
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